102 W Mesquite St #BGrangerTX76530
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Granger at 102 W Mesquite St #B, Granger, TX, 76530 offers a 9.14% rental yield on a $165,000 purchase with $1,257/mo rent. Total monthly income registers $1,257/mo, and a $808/mo payment leaves $83/mo available for distribution. Annual cash flow reaches $999/yr on $54,698 to close, and return on cash invested stands at 21.74% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 113.93% and total cumulative return in cash at $62,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,257/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
3,223 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76530, Granger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,365 (100%) |
| Owner Occupied HU | 963 (70.5%) |
| Renter Occupied HU | 273 (20.0%) |
| Vacant Housing Units | 129 ( 9.5%) |
| Median Home Value | $559,812 |
| Average Home Value | $603,920 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
907
Multi-Family
14
Businesses
70
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